Sale closes on Ridglea Bank Building

Mid-rise asset includes large parking area

The Ridglea Bank Building in Fort Worth, Texas, has sold for an undisclosed amount, brokerage Holliday Fenoglio Fowler L.P. announced today. GNL Properties purchased the 181,601-square-foot office building from a partnership between Dallas-based Cawley Partners and New York-based Greenstreet Real Estate Partners. Located at 6300 Ridglea Place, the 12-story property is located off Camp Bowie Boulevard and has 594 parking spaces and garden-like landscaping. At the time of sale, the property was 98 percent leased.*** What's your opinion? Leave your comments below or send a letter to the editor....